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Smart Meter Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Smart Meter Manufacturing Market Research Report | Technology | Water | Jun 2015

Smart power: The industry will thrive on rising energy consumption and housing starts

The Smart Meter Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
General Electric Company General Electric Company  market share
Itron Itron market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
11.3%
Annual Growth 15-20
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Profit
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Employment
3,556
Businesses
57
Industry Analysis & Industry Trends

The Smart Meter Manufacturing industry has surged ahead during the past five years, fueled by growing demand for smart meters and aggressive adoption of the technology in states such as Texas and California. In addition to improving housing and construction activity, demand for industry products has benefited from a greater number of utilities converting to smart grids. Similar trends are expected in the five years to 2020, as a greater number of states and regions adopt smart grid utilities. Additonallly, emerging market grwoth will prompt healthy external demand.... purchase to read more

Industry Report - Industry Locations Chapter

The spread of establishments within the Smart Meter Manufacturing industry is most heavily concentrated in the West, Southeast and the Great Lakes regions of the United States. The West dominates the landscape, accounting for roughly 22.5% of all industry establishments in 2015. California alone will contribute 17.3% of the West's share. This trend falls roughly in line with the population in this region. The number of homeowners and consumers in other residences facilitates greater demand for smart meters. The West accounts for roughly 17.0% of the US population. The Southeast follows as the next largest region, accounting for 20.0% of industry establishments in 2015. Like the West, the Southeast's heavy population allows for manufacturers to operate close to target markets... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Smart Meter Manufacturing Industry?

This industry manufactures smart meters, which are electrical, gas or water meters that record consumption information in intervals of an hour or less and communicate this information back to the utility for monitoring and billing purposes. Smart meters enable two-way communication between the meter and the central system.

Industry Products
Electric metersGas metersWater meters
 
Industry Activities
Manufacturing electricity smart metersManufacturing gas smart metersManufacturing water smart meters


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